The week starts after softer stock markets and higher yields in the US and amid jitters over the impact of a partial shutdown of the federal government and the scope of auto worker strikes.

On the data calendar for the week, the focus is on growth in personal income and spending for August due on Friday.

Before the markets open in Europe and North America on Monday, Singapore's CPI data is forecast to show consumer inflation eased slightly to a 4.0 percent annual rate in August from 4.1 percent in July.

Germany's Ifo business climate index is expected to slide further to 85.1 for September after falling to 85.7 in August from 87.4 in July, coming in below expectations for a fifth month in a row.

The Chicago Fed national activity index is expected to rise further to 0.15 in August from a higher-than-expected 0.12 in July that benefited from a jump in industrial production.

The Dallas Fed manufacturing activity index is expected to post a 17th straight negative score, at minus 12.0 in September versus minus 17.2 in August.

Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.

Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.